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foreclosure

May 9, 2011

Home again, despite foreclosure

As Catherine Lennon spoke with members of the press about moving back into her foreclosed home on Monday morning, her supportive neighbors said foreclosure actions, uncooperative lenders and robo-signers are destroying their neighborhood in the city’s Southwest Quadrant.

Apr 20, 2011

Investors drove home sales up 3.7 pct. in March

WASHINGTON, D.C. — Investors drove up U.S. home sales last month, plunking down cash to grab cheap homes at risk of foreclosure. But first-time homebuyers, who are crucial to a housing recovery, stayed away.

Mar 8, 2011

Underwater mortgages rise as home prices fall

The number of Americans who owe more on their mortgages than their homes are worth rose at the end of last year, preventing many people from selling their homes in an already weak housing market.

Mar 8, 2011

Underwater mortgages rise as home prices fall

WASHINGTON, D.C. — The number of Americans who owe more on their mortgages than their homes are worth rose at the end of last year, preventing many people from selling their homes in an already weak housing market.

Feb 17, 2011

Risk of foreclosure dips, but remains elevated

NEW YORK CITY — Fewer Americans fell behind on their mortgage payments in the final three months of last year, but foreclosures are still rising. The Mortgage Bankers Association says 8.2 percent of homeowners missed at least one mortgage payment ...

Feb 10, 2011

Mortgage default notices slow sharply in January

Fewer U.S. homes entered the foreclosure process in January than in any month in more than three years, the latest sign lenders are taking longer to move against homeowners who have fallen behind on mortgage payments.

Jan 7, 2011

Court rules against banks in pivotal mortgage case

BOSTON — The highest court in Massachusetts ruled against U.S. Bancorp and Wells Fargo & Co. on Friday in a widely watched mortgage foreclosure case that could have serious implications for the nation’s largest banks.

Dec 29, 2010

Profile: Lawyers who uncovered the foreclosure scandal

The tireless efforts of two Maine lawyers brought the “robo-signing” scandal to light this fall, and foreclosures across the country to a screeching halt.

Dec 16, 2010

Real Property Sales: Huntington National Bank v. Cornelius

Appellate Division, Third Department Real Property Sales First Refusal Options — Foreclosure Huntington National Bank v. Cornelius 508795 Appealed from Supreme Court, Columbia County Background: In September 1991, A. Michael Krieger purchased from defendant Victor Cornelius a one-half interest in Teviotdale, a historic home located in the Town of Livingston, Columbia County. As part of […[...]

Dec 9, 2010

Caught by mistake in the foreclosure web

Christopher Marconi was in the shower when he heard a loud banging on his door. By the time he grabbed a towel and hustled to his front step, a U.S. marshal’s sedan was peeling out of his driveway. Nailed to Marconi’s front door was a foreclosure summons from Wells Fargo ...

Nov 25, 2010

Administration faults firms in foreclosures

WASHINGTON, D.C. — An Obama administration official says a preliminary investigation into the foreclosure process found inexcusable breakdowns in the basic controls mortgage lenders should have been using.

Oct 20, 2010

Banks unlikely to quell doc mess

WASHINGTON, D.C. — Big lenders are trying to move past the foreclosure-document mess, saying they're now confident their paperwork is accurate. Yet they face so much organized resistance that they can't just snap up their briefcases, declare the crisis over and move on.

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